2022
Flag
 GDP
$2.38BCURRENT US$
Rnk 164 / 186
2012-2022
Flag
GDP GROWTH
-5.08%CURRENT US$
Rnk 170 / 186
2022
Flag
GDP PC
$427CURRENT US$
Rnk 185 / 186
2012-2022
Flag
GDP PC GROWTH
-18.8%CURRENT US$
Rnk 171 / 186

About

Venezuela-Central African Republic Trade: In 2017, Venezuela exported $1.69k to Central African Republic. The main products that Venezuela exported to Central African Republic were N/A. Over the past 21 years the exports of Venezuela to Central African Republic have decreased at an annualized rate of 23.8%, from $506k in 1996 to $1.69k in 2017.

In 2017, Venezuela did not export any services to Central African Republic.

Central African Republic-Venezuela Trade: In 2017, Central African Republic exported $5.28k to Venezuela. The main products that Central African Republic exported to Venezuela were N/A. Over the past 21 years the exports of Central African Republic to Venezuela have decreased at an annualized rate of 31.9%,  from $168k in 1996 to $5.28k in 2017.

In 2017, Central African Republic did not export any services to Venezuela.

Comparison In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87),  and 132 in total exports ($4.3B). That same year, Central African Republic ranked 183 in total exports ($231M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2017, Venezuela exported $1.69k to Central African Republic. There were not main exports from Venezuela to Central African Republic in 2017. During the last 21 years the exports of Venezuela to Central African Republic have decreased at an annualized rate of 23.8%, from $506k in 1996 to $1.69k in 2017.

In 2007, Central African Republic exported $5.28k to Venezuela. There were not main exports from Central African Republic to Venezuela in 2007. During the last 5 years the exports of Central African Republic to Venezuela have decreased at an annualized rate of 31.9%, from $168k in 2012 to $5.28k in 2007.

Exports from Venezuela (Flag) to Central African Republic (Flag) (2017)

Exports from Central African Republic (Flag) to Venezuela (Flag) (2017)

Market Competitiveness

Color
Venezuela
Top Destination
China$703M

This map shows whether countries import more from Venezuela or Central African Republic. Each country is colored based on the difference in imports they receive from Venezuela and Central African Republic or the difference in the growth in imports.

In 2022, countries that imported more from Venezuela than Central African Republic included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from Central African Republic than Venezuela included United Arab Emirates ($91.9M), Pakistan ($23.1M), and Cameroon ($8.31M).

Difference in imports from Central African Republic (Flag) and Venezuela (Flag) (2022)

Comparative Advantage Venezuela - Central African Republic

Flow
Scale

This chart compares trade between Venezuela and Central African Republic by product, considering products traded by both, Venezuela and Central African Republic.

During 2017, Venezuela had a large net trade with Central African Republic in the exports of .

During 2007, Central African Republic had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Venezuela and Central African Republic. This means that a dot/product with the flag of Venezuela indicates it has a comparative advantage over Central African Republic. Similarly, a dot/product with the flag of Central African Republic indicates it has a comparative advantage over Venezuela.

Product Space of Venezuela (Flag) and Central African Republic (Flag) (2017)

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